Does your accounting software pass the Year 2000 compliance test?
Article Abstract:
Accounting and financial professionals are concerned about the Year 2000 problem because their work typically involves time-sensitive applications, which are particularly vulnerable to the so-called millennium bug. Those who are planning to address this potential catastrophe should look at the nine places where difficulties could emerge: mini/mainframes; PC hardware; COBOL, FORTRAN, RPG3 and other related software; proprietary software; source code; data entry screens; output reports; human errors; and business forms. In preparing for the Year 2000, financial managers should cooperate with the MIS department, system users and managers, system customers, and corporate management. The four steps that may be used to test a program for an accounting software are test data development, testing of Year 2000 dates encoded in 1999, testing of 1999 dates encoded in Year 2000, and testing of Year 2000 date operation.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1997
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Accounting in Russia: from perestroika to profits
Article Abstract:
Socioeconomic changes in the former USSR have necessitated the replacement of outmoded accounting methods in the fragmented republics that now constitute the Commonwealth of Independent States. The antiquated accounting system that used to serve the interests of the national economic management alone is being replaced with new procedures that are more suitable to the market-oriented socioeconomic structures in the republics. Despite the move to keep these new methods in line with international practices and standards, however, some aspects of the centralized economic system that continue to exist prevent the complete adoption of Western practices. Assistance from the Western counterparts of Russian accountants and changes in accounting education are needed to completely reform accounting methodology in Russia and the other republics.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1992
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